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Progress Software (PRGS) Competitors

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$40.11 -0.74 (-1.81%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$40.06 -0.05 (-0.11%)
As of 09/18/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

PRGS vs. NTSK, QLYS, CVLT, DLB, and VRNS

Should you buy Progress Software stock or one of its competitors? Progress Software's main competitors and comparable companies include Netskope (NTSK), Qualys (QLYS), CommVault Systems (CVLT), Dolby Laboratories (DLB), and Varonis Systems (VRNS). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "systems software" industry.

How does Progress Software compare to Netskope?

Netskope (NASDAQ:NTSK) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, media sentiment, institutional ownership, risk, dividends, valuation and earnings.

In the previous week, Netskope had 6 more articles in the media than Progress Software. MarketBeat recorded 11 mentions for Netskope and 5 mentions for Progress Software. Progress Software's average media sentiment score of 0.85 beat Netskope's score of 0.74 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Netskope
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Progress Software has a net margin of 8.87% compared to Netskope's net margin of -91.84%. Progress Software's return on equity of 43.07% beat Netskope's return on equity.

Company Net Margins Return on Equity Return on Assets
Netskope-91.84% -83.84% -8.25%
Progress Software 8.87%43.07%8.78%

Netskope currently has a consensus target price of $19.13, suggesting a potential upside of 9.35%. Progress Software has a consensus target price of $52.17, suggesting a potential upside of 30.06%. Given Progress Software's higher probable upside, analysts plainly believe Progress Software is more favorable than Netskope.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Netskope
1 Sell rating(s)
3 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.81
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Progress Software has higher revenue and earnings than Netskope. Netskope is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Netskope$709M10.08-$679.39M-$2.55N/A
Progress Software$977.83M1.68$73.13M$2.0619.47

Summary

Progress Software beats Netskope on 9 of the 14 factors compared between the two stocks.

How does Progress Software compare to Qualys?

Qualys (NASDAQ:QLYS) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings, risk, analyst recommendations and media sentiment.

Qualys has higher earnings, but lower revenue than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Qualys, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Qualys$669.12M9.05$198.32M$5.7830.27
Progress Software$977.83M1.68$73.13M$2.0619.47

99.3% of Qualys shares are owned by institutional investors. 0.7% of Qualys shares are owned by insiders. Comparatively, 4.1% of Progress Software shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Qualys presently has a consensus price target of $173.87, suggesting a potential downside of 0.62%. Progress Software has a consensus price target of $52.17, suggesting a potential upside of 30.06%. Given Progress Software's stronger consensus rating and higher probable upside, analysts plainly believe Progress Software is more favorable than Qualys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qualys
1 Sell rating(s)
12 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.29
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Qualys has a beta of 0.62, meaning that its stock price is 38% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.82, meaning that its stock price is 18% less volatile than the broader market.

In the previous week, Qualys had 5 more articles in the media than Progress Software. MarketBeat recorded 10 mentions for Qualys and 5 mentions for Progress Software. Progress Software's average media sentiment score of 0.85 beat Qualys' score of 0.65 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qualys
4 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Qualys has a net margin of 29.38% compared to Progress Software's net margin of 8.87%. Progress Software's return on equity of 43.07% beat Qualys' return on equity.

Company Net Margins Return on Equity Return on Assets
Qualys29.38% 37.52% 19.41%
Progress Software 8.87%43.07%8.78%

Summary

Qualys beats Progress Software on 9 of the 17 factors compared between the two stocks.

How does Progress Software compare to CommVault Systems?

CommVault Systems (NASDAQ:CVLT) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, risk, media sentiment, institutional ownership, earnings and profitability.

In the previous week, CommVault Systems had 1 more articles in the media than Progress Software. MarketBeat recorded 6 mentions for CommVault Systems and 5 mentions for Progress Software. CommVault Systems' average media sentiment score of 0.91 beat Progress Software's score of 0.85 indicating that CommVault Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CommVault Systems
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progress Software
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

CommVault Systems currently has a consensus target price of $152.63, suggesting a potential upside of 5.59%. Progress Software has a consensus target price of $52.17, suggesting a potential upside of 30.06%. Given Progress Software's stronger consensus rating and higher possible upside, analysts plainly believe Progress Software is more favorable than CommVault Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CommVault Systems
0 Sell rating(s)
10 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.57
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

Progress Software has a net margin of 8.87% compared to CommVault Systems' net margin of 5.62%. CommVault Systems' return on equity of 88.75% beat Progress Software's return on equity.

Company Net Margins Return on Equity Return on Assets
CommVault Systems5.62% 88.75% 5.59%
Progress Software 8.87%43.07%8.78%

93.5% of CommVault Systems shares are held by institutional investors. 0.9% of CommVault Systems shares are held by insiders. Comparatively, 4.1% of Progress Software shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

CommVault Systems has a beta of 0.82, indicating that its stock price is 18% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.82, indicating that its stock price is 18% less volatile than the broader market.

Progress Software has lower revenue, but higher earnings than CommVault Systems. Progress Software is trading at a lower price-to-earnings ratio than CommVault Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CommVault Systems$1.18B5.06$70.66M$1.5792.06
Progress Software$977.83M1.68$73.13M$2.0619.47

Summary

CommVault Systems beats Progress Software on 9 of the 16 factors compared between the two stocks.

How does Progress Software compare to Dolby Laboratories?

Progress Software (NASDAQ:PRGS) and Dolby Laboratories (NYSE:DLB) are both technology companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, dividends, media sentiment, valuation, analyst recommendations, profitability, earnings and risk.

Dolby Laboratories has higher revenue and earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Dolby Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$977.83M1.68$73.13M$2.0619.47
Dolby Laboratories$1.35B4.01$255.02M$2.3524.55

Progress Software currently has a consensus price target of $52.17, indicating a potential upside of 30.06%. Dolby Laboratories has a consensus price target of $87.50, indicating a potential upside of 51.66%. Given Dolby Laboratories' higher possible upside, analysts plainly believe Dolby Laboratories is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
Dolby Laboratories
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Progress Software has a beta of 0.82, suggesting that its share price is 18% less volatile than the broader market. Comparatively, Dolby Laboratories has a beta of 0.8, suggesting that its share price is 20% less volatile than the broader market.

Dolby Laboratories has a net margin of 16.70% compared to Progress Software's net margin of 8.87%. Progress Software's return on equity of 43.07% beat Dolby Laboratories' return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software8.87% 43.07% 8.78%
Dolby Laboratories 16.70%11.08%9.04%

58.6% of Dolby Laboratories shares are held by institutional investors. 4.1% of Progress Software shares are held by insiders. Comparatively, 37.9% of Dolby Laboratories shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Progress Software had 2 more articles in the media than Dolby Laboratories. MarketBeat recorded 5 mentions for Progress Software and 3 mentions for Dolby Laboratories. Progress Software's average media sentiment score of 0.85 beat Dolby Laboratories' score of 0.84 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Dolby Laboratories
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Dolby Laboratories beats Progress Software on 10 of the 16 factors compared between the two stocks.

How does Progress Software compare to Varonis Systems?

Progress Software (NASDAQ:PRGS) and Varonis Systems (NASDAQ:VRNS) are both technology companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, media sentiment, institutional ownership, risk, profitability, analyst recommendations and dividends.

Progress Software has a beta of 0.82, meaning that its share price is 18% less volatile than the broader market. Comparatively, Varonis Systems has a beta of 0.82, meaning that its share price is 18% less volatile than the broader market.

Progress Software has higher revenue and earnings than Varonis Systems. Varonis Systems is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$977.83M1.68$73.13M$2.0619.47
Varonis Systems$623.53M8.76-$129.32M-$1.23N/A

Progress Software has a net margin of 8.87% compared to Varonis Systems' net margin of -20.55%. Progress Software's return on equity of 43.07% beat Varonis Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software8.87% 43.07% 8.78%
Varonis Systems -20.55%-19.18%-5.97%

95.7% of Varonis Systems shares are owned by institutional investors. 4.1% of Progress Software shares are owned by insiders. Comparatively, 3.0% of Varonis Systems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Progress Software currently has a consensus price target of $52.17, indicating a potential upside of 30.06%. Varonis Systems has a consensus price target of $49.79, indicating a potential upside of 4.69%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly believe Progress Software is more favorable than Varonis Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
Varonis Systems
1 Sell rating(s)
7 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.63

In the previous week, Varonis Systems had 3 more articles in the media than Progress Software. MarketBeat recorded 8 mentions for Varonis Systems and 5 mentions for Progress Software. Progress Software's average media sentiment score of 0.85 beat Varonis Systems' score of 0.61 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Varonis Systems
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Progress Software beats Varonis Systems on 11 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRGS vs. The Competition

MetricProgress SoftwareSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$1.65B$15.70B$30.30B$12.95B
Dividend YieldN/A3.41%2.75%12.80%
P/E Ratio19.47140.2377.4125.40
Price / Sales1.681,289.75587.5387.46
Price / Cash4.7945.9248.1751.42
Price / Book3.608.657.826.33
Net Income$73.13M$434.52M$702.35M$358.33M
7 Day Performance0.48%-0.13%-0.52%1.12%
1 Month Performance-7.17%-1.78%-2.28%-2.39%
1 Year Performance-4.41%-1.92%176.56%5.35%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
3.6121 of 5 stars
$40.11
-1.8%
$52.17
+30.1%
-4.4%$1.65B$977.83M19.472,801
NTSK
Netskope
4.244 of 5 stars
$17.47
+2.8%
$19.13
+9.5%
N/A$6.95B$709MN/A3,281
QLYS
Qualys
2.4533 of 5 stars
$185.37
+7.2%
$173.87
-6.2%
+29.1%$5.98B$669.12M32.072,625
CVLT
CommVault Systems
2.7117 of 5 stars
$143.30
+2.2%
$152.63
+6.5%
-25.7%$5.81B$1.18B91.273,300
DLB
Dolby Laboratories
4.6755 of 5 stars
$60.39
-2.5%
$87.50
+44.9%
-19.3%$5.80B$1.35B25.702,051

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This page (NASDAQ:PRGS) was last updated on 9/20/2026 by MarketBeat.com Staff.
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